News
Issue No. 13 - October/November 2003
Winner in SA Workshop Final
The 48 Red team, a new company investigating the market for Resveratrol, has won the prestigious 2003 South Australian Enterprise Workshop major award — The CIBM (Centre for Innovation, Business and Manufacturing) Enterprise Development Award.
The team won the award in a very competitive field. With a company already created during the Workshop process, 48 Red is planning to continue conducting trials for its product, and to seek funding for commercialisation. Resveratrol is a highly—valued anti—oxidant proven to exhibit all of the key activities that a health—giving substance should provide: it is preventative, active and restorative.
The team will now represent South Australia at the National Enterprise Workshop finals.
Other South Australian Enterprise Workshop Award
Winners included:
- Playford Capital Best ICT Plan Award was won by the Diamond Light team, which has patented a new technology called Reflex Correlation for the national and international microelectronics market.
- Deloitte Touche Tohmatsu Innovation Award was won by the Space Captain team for its innovative semi—trailer concept for the transport industry.
- The National Australia Bank Best Financial Plan Award was won by 48 Red, overall State winner.
- Engineering Employers Association Manufacturing Strategy and Planning Award was presented to the Space Captain team.
- Ms Anne Collins won the Australian Institute of Company Directors Leadership Award for having the potential for developing as a Company Director.
- The Mentor’s Award was presented to Mr GregFranks, a 2002 Workshop participant who assisted the Diamond Light team and provided them with guidance and leadership to support the development of the team’s business plan.
The South Australian Enterprise Workshop is funded by the CIBM and Business SA, and proudly sponsored by Deloitte Touche Tohmatsu, Playford Capital, National Australia...
